The story of this market
The typical home in ZIP 70380 sells for about $138,300, or $143 per square foot.
Prices are up +1.4% from a year ago, so sellers still have some momentum. Homes take about 65 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $950 a month.
ZIP 70380 — Morgan City
The housing market in ZIP 70380 remains stable with modest price appreciation, reflecting the broader economic conditions of the Morgan City area. While inventory levels are sufficient, the market is constrained by environmental risks and a reliance on the energy sector, leading to a cautious outlook for significant growth.
This ZIP is well-suited for local workforce families and those seeking affordable housing options near the coast, though it may be less attractive to commuters seeking proximity to major urban centers.
Median prices moved up 1.4% year over year.
Homes spend a median of 65 days on market with 6.2 months of supply — a balanced-paced market.
15% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.2% · poverty 17.8% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 70380, St. Mary Parish, LA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the Morgan City area are generally higher than the national average, with property crime being the most frequently reported incident type.
Public schools in the area are primarily served by the St. Mary Parish School District, which maintains a mix of ratings that generally align with regional averages.
The area faces significant flood risks due to its low-lying coastal geography and proximity to the Atchafalaya River, necessitating mandatory flood insurance for many properties.
The local economy is heavily anchored by the oil and gas industry, with ongoing infrastructure projects focused on coastal restoration and maritime logistics.
Property taxes are assessed at the parish level with a homestead exemption available for primary residences, though specific millage rates vary by local taxing districts.
Commutes are primarily car-dependent, with residents often traveling along US-90 toward regional employment hubs in Lafayette or Houma.
The area offers extensive access to bayou-based outdoor activities, including fishing and boating, alongside local parks and community centers in Morgan City.
The rental market is characterized by steady demand from the local workforce, with limited new multi-family supply keeping vacancy rates relatively low.
The economy is driven by the maritime, oil and gas, and seafood industries, which provide the primary employment base for the region.
Transportation is dominated by private vehicle use, with US-90 serving as the primary arterial highway for regional connectivity.
Development is largely focused on industrial expansion and flood mitigation infrastructure rather than large-scale residential master-planned communities.
The St. Mary Parish Assessor is responsible for property valuations, which are updated periodically to reflect market conditions.
Parcels are subject to various special districts, including levee districts and local fire protection districts.
Property insurance premiums are high and rising due to significant hurricane and flood exposure, with many residents relying on the state-backed insurer of last resort.
Louisiana has experienced net domestic out-migration in recent years, driven by economic shifts and environmental concerns.
Louisiana is a judicial foreclosure state, requiring court intervention to complete the foreclosure process.
Louisiana requires sellers to provide a property disclosure document, though the state's non-disclosure status for sale prices limits public data transparency.
Data retrieved from Census Reporter and ACS 2024 tables for ZCTA 70380.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Politz's Restaurant4.418.1 mi
- Lake End Park4.64.4 mi
- Amelia Belle Casino3.93.6 mi
- Cajun Man's Swamp Tours and Adventures LLC4.92.2 mi
- Kemper Williams Park4.411 mi
- Wedell-Williams Aviation and Cypress Sawmill Museum4.811 mi
- Lake End Park4.64.4 mi
- Jessie Fontenot Memoral Boat Landing4.48.6 mi
- Kemper Williams Park4.411 mi
- Lawrence Park4.65.7 mi
- Lake End Bark Park4.63.8 mi
- Bob's Bayou Black Marina4.611.9 mi
- Atchafalaya Golf Course4.211.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major local lake providing fishing, boating, and recreational opportunities.
A central community park offering green space and recreational facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.